SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Airline Discussion Board
JETS 22.96+0.2%Jun 30 4:00 PM EDT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (1861)4/15/2025 1:42:24 PM
From: OldAIMGuy2 Recommendations

Recommended By
Sam
Stock Puppy

  Read Replies (1) of 1865
 
Hi Sam,
I just followed my plan and added more shares when the price went down.

My Business Plan is:
Buy from the Scared, Sell to the Greedy!

It's worked pretty well since starting my equity warehouse almost 40 years ago. Covid really rocked the boats and planes, however. Everyone was Scared, and so I started my JETS position at $13.96/sh and a small reserve of cash in 2020. The markets got happier and I was able to sell into that recovery rally. It eventually used up about 1/3rd of the initial inventory of shares with the last sale in that rally being at $27.14/sh. Since then it's been more about rebuilding share inventory at discount prices. The share price is up around 38% from the start, and through judicious inventory management, my JETS position is up 56% at the present time. It's near its original share count again now.

Best wishes,
OAG Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News